The itemized deduction for state and local taxes in 2020 is a. Total taxes less 10 percent
Question:
The itemized deduction for state and local taxes in 2020 is
a. Total taxes less 10 percent of AGI
b. Limited to no more than $10,000
c. Unlimited
d. Only deductible if the taxes are business related
e. Deductible if your home value is less than $750,000
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Related Book For 
Income Tax Fundamentals 2021
ISBN: 9780357141366
39th Edition
Authors: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill
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